Just Jennifer Real Estate Group is here for all of your Virginia real estate needs. With expert experience in Fairfax, Prince William and Loudoun Counties, we are here to make your next real estate adventure one that is priceless.
[01/01/20] Ready to buy or sell? Need advice on the best neighborhoods with the best schools? Text, call or email me. Let's get it done in 2020!
[09/09/17] Ready to get your luxury home sold??? Contact me for the best listing strategy in the Northern Virginia area. Average time on market for my homes is 20 days...
[09/07/17] Now that the school year has started and the market has calmed down, let me help you get a great deal on a new home. Contact me for the inside scoop on some upcoming deals!
[12/31/15] Ready to get in on the REO market??? Contact me for the best deals in the Northern Virginia area. Average time on market for my homes is 30 days...
ALL OFFERS ACCEPTED! $1.5M homes being built one the next street over. Get your piece of Oakton at a great price with almost an acre of land. Check out the listing: http://mrislistings.mris.com/DE.asp?k=3678270XD3X3&p=DE-266562862-682
PRICE JUST LOWERED AND ALL OFFERS ACCEPTED!! Gorgeous golf front home in the exclusive River Creek Community in Leesburg. One of the lowest price single family homes in the area. Check it out:http://mrislistings.mris.com/DE.asp?k=3678270XD3X3&p=DE-266562855-781
Watch Out for "Shadow" Mortgages!
The debt-to-income ratio requirement part of a new mortgage rule could spur some low-income borrowers to take out loans with mortgage rates that far exceed those available to wealthier borrowers, David Stevens, CEO of the Mortgage Bankers Association, told The Washington Post.
The “qualified mortgage rule,” which kicks in today, is designed to discourage risky lending by offering some legal protections to banks who originate mortgages that adhere to certain requirements. According to the rule, qualified mortgages may not carry risky features or exorbitant upfront fees, and banks may offer them only to borrowers whose debt burden won’t be more than 43 percent of their income.
“We’re seeing institutions building business models to take advantage of that side of the market, charging 8 percent to 9 percent interest rates,” Stevens told The Washington Post. “We need clear consumer protections … but nobody wants to push middle-class families on the margins into a shadow industry of high-priced mortgages.”
Wells Fargo is one lender that has disclosed that it’s gearing up to offer more mortgages to borrowers who might not be eligible for qualified mortgages.
Source: The Washington Post
- See more at: http://www.inman.com/wire/new-mortgage-rule-could-push-some-borrowers-into-shadow-lending-industry/#sthash.B9trlHOg.dpuf
inman.com New mortgage rule could push some borrowers into ‘shadow’ lending industryshare this Jan 10, 2014 The debt-to-income ratio requirement part of a new mortgage rule could spur some low-income borrowers to take out loans with mortgage rates that far exceed those available to wealthier borrowers, David…
[01/09/14] HAPPY NEW YEAR!! The market is just right for buying and selling - especially in Virginia, Maryland and DC. Get in while the getting is good. If you are located in another area and need a referral, let me know.
[09/06/13] VIRGINIA RESIDENTS: Get Down Payment Assistance at http://www.dhcd.virginia.gov/index.php/housing-programs-and-assistance/68-down-payment-assistance-dpa.html
[09/06/13] Visit www.justjennifer.biz for the home of your dreams!
[08/26/13] What's Your Home Worth? Find out with a free, no-obligation home valuation report. Contact Jennifer at [email protected] or (703) 860-4600.
Atif Khan is a real estate agent servicing Virginia and Maryland.
Finding Your Next Real Estate
Real Estate Professional Licensed in Virginia serving Loudoun County and always willing to work hard to help you buy or sell your home or land.
Roshunda is a family oriented REALTOR® that strives to help client's make the best decision easier when buying and selling a home in Northern Virginia. Please contact her for all your real estate needs.
Local Market Specialist. Experienced in VA, FHA. VHDA/USDA, & REO/Foreclosure. Licensed in VA License #0225223258 Realtor with Pearson Smith Realty Office Address: 43777 Central Station Dr #390, Ashburn, VA 20147 Office Phone #: (571) 386-1075
Kristen strives strives to be the agent she would want to work with - knowledgeable, solution-oriented and effective.
Leila Smith has been a resident of Loudoun County for 25+ years! Brokered by Pearson Smith Realty, Leila Smith Homes is here to help you purchase, sell or rent a property! I am always happy to chat about any of your real estate needs!
Licensed in Virginia.